State to launch savings program for Worcester Students

On Monday, December 14th, State Treasurer Deborah B. Goldberg joined Interim Superintendent Dr. Marco C. Rodrigues, to announce a new program called $eedMA. The initiative will provide each Worcester Public School student in next year’s kindergarten class a $50 deposit for a college savings account.

$eedMA, which is being piloted in Worcester, will also provide financial education to help students and their parents better understand basics like budgeting and saving money, banking, and planning for retirement.

Below is the article written by Scott O’Connell of the Worcester Telegram

$50 per kid: State to launch savings program in Worcester

WORCESTER – How much of a difference can a bank account with $50 make in the lives of Worcester kindergartners? The state treasurer is betting it will help a generation of students go to college one day.Treasurer Deborah B.